In the name of God 1

Transcription

1 In the name of God 1

2 IRAN Post Sanction Financing & Funding 2

3 Game Changer Are you looking for an Ideal Business Location / Business Partners? Do you intend to invest in a Start Up/ Venture Capital? Do you want to Form a JV? Do you concern about Intellectual Properties, Copyright, Patent issues? 3

4 Game Changer What is Iran's Banking Market Structure? What is your financial projection? What sector will potentially flourish the most? What are the outstanding Opportunities? What are the Risk Factors & Risk mitigates? What may be your go-to-market Strategy? What are the Competition Characteristics? 4

5 What Makes IRAN Special? Open up new Perspective : Iran, a Potential Growing Economy Iran, a Dynamic Business Location Iran, a Favorable Business Environment Iran, Heading to have a Modern Infrastructure Iran, is rated B + and Stable 5

6 What Makes IRAN Special? Iran, World Energy Heartland, a reliable energy supply partner Iran, Stable Politically, Safe Socially, Secure Economically Iran, a Business friendly Tax regime Iran, in the path of Sustainable Future Iran, a leading Market in the region Iran, Close Proximity to CIS & MENA 6

7 What Makes IRAN Special? Ideal basis for business in Middle East, an interface with EUROPE A Hub, a Corridor to Region's Market Innovation Focus, Heading for Growth People, a success factor: a young well educated workforce Balanced relationship between Employers & Employees Having Sound Regulated Banking System Moving towards Transparency & Positive Business Climate 7

8 What we do? BIM Provide : Market Analysis, Advisory Financial Services, Business Plan, Du Diligence, Liquidity Planning Funding and Financing Project Finance, Financial Engineering Detail study on major Rivals & Competition Environment Risk Assessment and Risk Mitigation proposal 8

9 What we do? BIM Provide : Identifying areas of future cooperation including a detailed Roadmap Optimum asset allocation Customized structured approach to meet your need Financial Modeling BIM with 60 year of experience : An Engine for Growth 9

10 Outcome of 5+1 Deal The Most Important Outcomes : Creating Hope and Optimism to the Future Increasing Demand, Thriving the Economy Reconnecting again to SWIFT, making Financial Transactions more Efficient, Cheaper, Faster, Safer Expecting a Significant increase on Investment Attracting FDI 10

11 Post sanction perspective On the verge of Removal of Sanctions : Currency exchange market : Targeting one exchange rate Economic growth : expecting 3% but targeting 8% Oil production : Oil export : will increase from 2.5 M bpd to 4 M bpd will increase from 1.2 M bpd to 2.2 M bpd 11

12 Post sanction perspective On the verge of Removal of Sanction : Liquidity & Inflation : The Policy is to manage and control the rates Recession : Gradual exit from stagnant situation Monetary Policy : One digit inflation rate, managed QE, incremental reduction in interest rate 12

13 The Government Policies Supporting a Capable, Competitive & Strong Private Sector Creating an Excellent Political & Economical Relation with Global Community Providing Secure, Stable & Sustainable Business Climate Supporting a Strong Social Security System Initiating an Efficient Environmental Policy & Measure Moving Towards more Free & lean Economy i.e. Less Price Control by Government Having a Holistic approach, Building Global Partnership 13

14 Iran s Economic Highlights 14

15 Iran Economic Highlights Important Events 1978 Victory of Islamic Revolution 1980 Imposed War (8 years) 1985/1988 Oil Price Slump (10 $/Barrel) 2005/2013 Oil Price Surge (100 + $/ Barrel) 2012 Devaluation of Rial (2.5 times) 2014/2015 Oil price Decline to (50 $/Barrel) Now OPEC Oil Basket Price (40 $/Barrel) 15

16 Iran Economic Highlights Inflation (%) Economic Growth (%) Unemployment (%) Oil export (million bpd) Non Oil export (billion $) Oil price (average $) Import (billion $)

17 Iran Economic Highlights Banks No Deposits Facilities % % State Owned Private Credit Inst

18 Iran Economic Highlights Stock Market NOW No of Companies : Tedpix 23k 45k-88k 63k Market Cap (billion $) Turkey: No of companies 371 Market Cap 220 (billion $) Malaysia: No of companies 823 Market Cap 429 (billion $) 18

19 Outstanding Opportunities 19

20 New Opportunities Jaask Free Zone Refinery / Tank Farm / Petrochemicals Power Plants / Oil & Gas Export Terminals Chabahar Free Zone Petrochemical Plants/ Steel Mills Utilities : Power Plants, Desalination Assaluye (SEZ) Petrochemical Complexes / Utilities 20

21 New Opportunities Petrochemical Plants : GTPP /MTP /MTO / Fertilizers (urea ammonia) Propylene - Polypropylene Olefins - Polyethylene Down Stream - HDPE, LDPE, LLDP, ABS IRAN LNG Terminal : 11 million tons/years Capacity 45% Progress Approx USD 4 Billion is needed 21

22 New Opportunities Power Plants 5000 MW (10 x 500 MW plants) is under Construction 3000 MW a year is required Desalination Plants 3 x 100k M 3 /day Capacity recently Financed Further 800k M 3 /day is required to be Financed 22

23 New Opportunities Steel Mills / Mines : Current capacity : 20 million tons/ year Next 10 years plan target : 55 million tons/ year Iron ore / Concentrate / Pelletizes / Slab/ Thin Slab Aluminum : 300k tons/ year recently financed Copper : 2 new plants need to be financed Lead / Zink / Others 23

24 New Opportunities Infrastructure The 1st Fast Train (1.8 billion $) recently Financed by BIM Tehran Isfahan 2 more Fast Lines are Planned : Tehran Mashhad Tehran Tabriz Logistic Network : Isfahan to Ahvaz & PG Ports under study Chabahar to Mashhad & CIS Countries (East Transit Line) Expansions of Imam Khomeini Airport 25 million passengers/ year Expansion of Tabriz Airport 15 Million Passengers/ Year Expansion of Aviation Fleet 24

25 New Opportunities Expansion and Modernization of Ports (Bandar Imam - Bandar Abbas Jaask - Chabahar) Renovation of Auto Industries + parts manufacturing High Tech Pharmaceuticals (Bio Tech) Electronics, Home Appliances, Environmental Solutions Renewable Energy : Solar & Wind Farms Ship Building & Oil Rigs 25

26 New Opportunities Tourism : Historical, ECO, Health, Cultural Big Cities Metro + Public Transportation Food Processing Construction Materials Hotels in big cities Professional Management Courses 26

27 Resources NDF (National Development Fund) Government Budget Allocations Diversified Financial Tools Islamic Banking Securities Sukuk Convertible Bonds IPO International Financial Market Mutual Funds 27

28 Mode of Investment JV FDI PPP BOT BLT BOO (Joint Venture) (Foreign Direct Investment) (Private - Public - Partnership) (Build Operate Transfer) (Build Lease Transfer) (Build Operate Own) 28

29 A Big Picture of Potential Opportunities in IRAN Over 100 Billion $ a year Potential Market Great Nation with well educated Expertise Secure, Safe and Sustainable Business Environment Regulated Banking & Financial System Rich Natural Resources (Oil, Gas, Minerals) We are Open To Business 29

30 The Right Partner Private Sector Investment Houses * BIM may act as the Advising Body for the potential Foreign Investors & Business Persons 30

31 Bank of Industry & Mine 31

32 At a Glance BIM Founded: 1979 By merging of the followings: Industrial Credit Bank (1956) Industrial and Mining Development Bank of Iran (1959) Development and Investment Bank of Iran (1973) Iranian Banks Investment Company (1975) Industrial Guarantee Fund (1960) Paid Capital: $ 1 Billion Employees:

33 At a Glance Branches: 70 I & M market share: % 16 Total Asset * (March, 2015) Opened LCs (2014 & 2015) $ 8.5 Billion $ 9.1 Billion No of Approved Projects (2014 & 2015) 6,300 No of Completed Projects (2014 & 2015) 480 * Total Asset at 2016 will read $ 17.6 Billion 33

34 Subsidiaries Europäisch - Iranische Handelsbank AG EIH based in Hamburg 34

35 SMEs BIM has recently established a Strategic Business Unit (SBU) to finance & serve Entrepreneurs for their SME projects, more efficiently. 35

36 Activities Project Finance Corporate Banking SME Banking Investment Banking Islamic Banking Derivatives & New Tools Asset / Wealth Management 36

37 Social Responsibility Committed to Environment Protection Empowering the People Bringing an End to Poverty Helping people to help themselves 37

38 Responsibility We must focus on Responsible Investments & Global Partnership for Development 38

39 Turning Great Ideas Into Great Businesses 39

40 A Merit Responsible Corporations have a Philosophy reflected in their Slogans BANK of Industry & Mine For Progress, Development & Better Life 40

41 A Key Message Must Accelerate Country Risk Rating ECAs Coverage & Reestablishing Banking Relations 41

42 Let us take the first step Together, Building a better Life 42

43 Many Thanks AAAfkhami, 14 Decamber, 2015, TEHRAN 43

44 44

45 Sample of in-process projects 45

46 Steel Billet Production Plants Name: Mianeh Ghaenat Financial Facilities : 225 million Euro 230 million Euro Nominal Location: AzarbayjanSharghi province Khorasan Jonobi province Capacity : 800K t/y 800K t/y Name: Sepid Dasht Neyriz Financial Facilities : 230 million Euro 225 million Euro Location: CharmMahal-Bakhtyari province Fars province Nominal Capacity : 800K t/y 780K t/y 46

47 Petrochemical Plants BIM is the financer of 8 Petrochemical Plants with totally 2 Billion Euro s facility: Name: Marjan Methanol MasjedSoleyman Financial Facilities : 340 Million Euro s 425 Million Euro s Location: Bushehr province Khuzestan province Production: Methanol Urea & Ammonia Nominal Capacity : million t/y 4 million t/y 47

48 Petrochemical Plants Name: Arman Methanol Lavan Financial Facilities : 245 Million Euro s 220 Million Euro s Location: Bushehr province Bushehr province Production: Methanol Urea & Ammonia Nominal Capacity : million t/y 48

49 Infrastructures BIM is the financer of 5 important Train & Metro Projects with totally 4 Billion Euro s facility: Name: Tehran-Mashad High Speed train Tehran-Isfahan High Speed train Financial Facilities : 1.5 Billion Euro s 1.2 Billion Euro s 49

50 Sample of financed projects 50

51 Petrochemical Kavian Petrochemical Complex Financial Facilities Location Products Nominal Capacity 405 Million Bushehr Province (Assaluye) Ethylene (Olefin) 2 million t/y 51

52 Power Plants Movalled Bargh Yaz Tolid Nirooye Azarakhsh Financial Facilities : 210 Million 209 Million Location : Yazd province Golestan province Products : Electricity Electricity Nominal Capacity : 480 Mega Watt 954 Mega Watt 52

53 Steel Mills Arfae Steel & Iron Esfarayen industrial complex Financial Facilities : 194 Million 89 Million Location : Yazd province Khorasan province Products : Steel and Sponge Iron steel billets Nominal Capacity : 800K t/y 180 K t/y 53

54 Steel Mills Foolad Hormozgan Esfarayen industrial complex Financial Facilities : 50 Million 20 Million Location : Hormozgan province Kerman province Products : Sponge Iron steel billets Nominal Capacity : 1.5 million t/y 400 K t/y 54

55 SMEs Sabalan Khodro Mayvan Iran Khodro - Fars Financial Facilities : 14 Million $ 6.5 Million Location : Ardabil province Fars province Products : Bus Automobile Nominal Capacity : 800 units/y units/y 55

56 SMEs Pabdana Coal Chimi Tex Arya Financial Facilities : $ 4.7 Million 4 Million Location : Kerman Province Khoozestan province Products : Coal Petrochemicals (MEK&SBA) Nominal Capacity : 550K t/y 20,000 t/y 56

57 Challenges Fund raising & Financing is a hard job. Let s have a Plan and a Tailored Solution, for Projects. 57

58 The Objective Utilizing all development banking services, approaches and techniques in line with national economic development plan by encouraging & supporting private investors, via providing financial engineering and banking solutions for industries and mining sectors 58

59 Vision To be the Leading Specialized Development Bank in the region and outstanding in value creation in industry and mining sectors. 59

60 Highlights 2013 Financing: 22 percent of Industrial and Mining Investment Projects nationwide. 305 Steel, Oil, Gas, Petrochemical & Infrastructure Projects came to operation with 11K direct employment SME projects with 35K direct employment. 60